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September 18, Tuesday 2018 8:46 PM       

       HEADLINES: Lookout notice against eight in Abhimanyu case                                              Modi returns thanks to Mohanlal's birthday tweet                                              If Sabarimala pilgrim is changed to Vavaru Mosque pilgrimage, bus charge will come down: Ali Akbar                                              Thachankary seeks Lord Ayyappa's blessings, justifies bus charge hike                                              Jalandhar bishop calls nun ‘troublemaker’ in anticipatory bail plea                                              SC notice to Centre on plea seeking ban on 85 pesticides                                              Court summons Lalu, others as accused in IRCTC money laundering case                                              Bihar CM Nitish Kumar admitted to AIIMS                                              PM's silence on gangrape unacceptable; shameful govt leaves India's women unprotected: Rahul                                              Germany rolls out world's first hydrogen train                                              Imran Khan govt auctions 70 luxury cars as part of austerity drive                                              Nepal: Madhesis confident of govt addressing their demands                                              Archery coach Teja, athletic's Pannu recommended for Dronacharya Award                                              High expectations made me anxious: Ronaldo after Juventus goals                                              Kaumudi Facebook
       BUSINESS Next Article: GST collections dip to Rs.93,960Cr in August  
       Rupee plunges to yet another record low of 71.10 vs USD
 
         Posted on :01:41:49 Sep 4, 2018
   
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       Last edited on:01:41:49 Sep 4, 2018
         Tags: Rupee, USD
 
Mumbai: The Indian rupee nosedived to a new life-time low of 71.10, shedding 10 paise against the US dollar in late afternoon trade on Monday, tracking weakening trend in emerging market currencies.
 
A surge in global oil prices, concerns over US-China trade war and contagion risks from Turkey and Argentina are the factors impacting forex market sentiment.
 
Brent crude oil moved up by 0.57 per cent 78.08 a barrel.
 
The rupee's previous record low was 71, marked on August 31.
 
Meanwhile, the BSE Sensex fell over 332.55 points to end at 38,312.52 and the NSE Nifty dipped below the 11,600-level by losing 98.15 points to close at 11,582.35 today on heavy losses in FMCG, realty, power, banking, auto, oil & gas, PSU, IT, teck, infrastructure and capital goods counters amid a global rout in equity markets.
 
On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 212.81 crore Friday, as per provisional data.
 
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       BUSINESS
Next Article: GST collections dip to Rs.93,960Cr in August
 
 
BUSINESS HEADLINES
Dena Bank surges 20%; BoB tumbles 14% post merger announcement  
Vijaya Bank, Dena Bank, BoB to merge: Govt  
Mother Dairy won't cut prices despite Patanjali's cheaper cow milk  
Union Bank of India exits Antwerp diamond market  
Naidu discusses bilateral cooperation in trade and defence with Serbian President  
FundzBazar crosses 2 lakh investors milestone  
Ramdev Baba’s Patanjali launches cow milk, french fries and more  
United Bank of India increases MCLR by five basis points  
RBI submitted a list of high profile fraud cases to PMO: Rajan  
Chemists call for strike on Sep28 against online medicine sale  
Rupee sinks to new low of 72.91, drops 22 paise against USD  
Skills and You develops special module 'Curio'  
Google ready to comply with RBI norms for payment services, says official  
FinMin in touch with RBI for market intervention to contain rupee value  
Sensex plunges over 400 pts as rupee breaches 72.50 mark  
Niti Aayog asks auto cos to stick to timeline to achieve full e-mobility  
FastFox registers 3x growth post rollout of revolutionary 'Open House' model  
Jio completes two years, aims to take India to 'top 5' in broadband connectivity  
Gold rises 0.46% on positive global cues  
Rupee pares gains, slips 7 paise against US dollar  
Bajaj Finserv rolls out exciting offers, lowest EMIs on all products  
Gadkari pitches for alternate fuels; says govt not against petrol, diesel  
US dollar ends higher against rupee  
Sensex drops 140 pts as rupee hits new low  
Chidambaram blames govt for rise in petrol prices, says it is due to 'excessive taxes'  
 
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